23-Nov-2009 3:20 PM
LAN up after JP Morgan initiates coverage; United close to reaching deal for new aircraft
Analysis
The majority of North and South American carriers witnessed another drop in stock prices on Friday (20-Nov-2009), as stocks moved with the Dow (-0.1%). The AMEX Airline Index fell 0.1% as a result. Oil prices meanwhile fell (-1.1%) for the second consecutive session, to USD76.65, reducing gains made earlier in the week.
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